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. >> as these fiscal cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem, it has a spending problem. and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. the big things. this is our moment to provide that leadership that america desperately wants and we stand here ready to take the action necessary. >> the american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. i don't know how any of us can look our kids and grandkids in the eye and expla
. >> as these fiscal cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem, it has a spending problem. and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several...
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Dec 8, 2012
12/12
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you said that the president's strategy in these fiscal cliff negotiations is nothing but a power play, and in a previous column you actually used the words they want to humiliate the republicans. expand on that and explain that. >> well, you get the republicans the day after election day making good faith offers, boehner breaking with 20 years of tradition says we'll give you revenues, $800 million, and that's a real break for the republicans. that's a peace pipe. what does he get in return? the president sends the treasury secretary, geithner, to boehner and to mcconnell. he pockets the $800 billion. he double ths it and says i want 1.6 trillion. he demand not only no spending cuts of any importance but increased stimulus in spending which is preposterous when you're running trillion dollar deficit. and just to add insult, and here's the insult, he demands congress give up the power to control the deficit. that's obviously meanlt to humiliate the republicans. it's a non-starter. it's not acceptable. it's a way of saying to boehner you want to hand me your sword, you want to hand me y
you said that the president's strategy in these fiscal cliff negotiations is nothing but a power play, and in a previous column you actually used the words they want to humiliate the republicans. expand on that and explain that. >> well, you get the republicans the day after election day making good faith offers, boehner breaking with 20 years of tradition says we'll give you revenues, $800 million, and that's a real break for the republicans. that's a peace pipe. what does he get in...
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Dec 6, 2012
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but his point man on fiscal cliff negotiation struck a much different tone. if republicans don't but specifically tax rates on upper earners the white house is ready to go right over the cliff. >> we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2%. >> largely backs the president on those rates. 48% support the plan to raise them on upper earners compared to 32% of leaving rates unchanged. when it comes to government spending, the gop has the edge. to help balance the budget, spending cuts should take precedence over tax hikes, 46 to 30%. and leaders in congress who met with business leaders say they have already offered to raise tax by cutting deductions and the president has yet to counter their proposal. >> i'll be here and available at any moment to sit down with the president if he gets serious about solving this problem. >> it's possible the white house may be bluffing, the administration did order the pentagon to consider the big cuts in military spending that would happen if we don't reach an agreement. i
but his point man on fiscal cliff negotiation struck a much different tone. if republicans don't but specifically tax rates on upper earners the white house is ready to go right over the cliff. >> we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2%. >> largely backs the president on those rates. 48% support the plan to raise them on upper earners compared to 32% of leaving rates unchanged. when it comes to government spending, the gop...
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Dec 13, 2012
12/12
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the only reason we can't saturday fiscal cliff negotiations have fallen apart is that the two sides are still talking. but things are bad, make no mistake. and neither side is optimistic that anything can get done at all. with congress and the president careening to the edge of the cliff, the public is ignoring party lines and demanding an end to this mess. 70% of democrats, 59% of republicans want their own party's leaders to come to an agreement, even if it means not sticking to long-held positions on taxes and entitlements and yet despite those demand, the country is evenly divided on whether they think a consensus can be worked out here in washington, whether they believe obama and boehner can strike a deal. interestingly folks that are paying more attention to the fiscal cliff story are more pessimistic. it's the folks paying less attention that are more optimistic. judging by what we're hearing from negotiators, the public clearly knows something is up in the bad way. >> i remain the most optimistic person in this town but we've got some serious differences. the longer the white h
the only reason we can't saturday fiscal cliff negotiations have fallen apart is that the two sides are still talking. but things are bad, make no mistake. and neither side is optimistic that anything can get done at all. with congress and the president careening to the edge of the cliff, the public is ignoring party lines and demanding an end to this mess. 70% of democrats, 59% of republicans want their own party's leaders to come to an agreement, even if it means not sticking to long-held...
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Dec 5, 2012
12/12
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negotiations continue in washington on the so-called fiscal cliff. president obama plans to enter questions from business members. the group has been urging action to prevent huge automatic tax increases in january. those are some of the latest headlines on c-span radio. [video clip] >> we have not coordinated care. all these services have so many cracks that the cracks are as harmful as the diseases that we're treating. you have to step back and ask, are we hurting people overall? what are we doing? now we have the report saying 30% of everything we do not be necessary in health care. 30% of medications we subscribe, the test and procedures we order. this is something for the first time been called out as a problem. >> this function in the health- care industry. what hospitals will not tell you. urday night at 10:00 p.m. on c-span2. >> "washington journal" continues. host: we have been focusing on different aspects of the fiscal cliff. we want to look at capital gains tax and the estate tax. what is the estate tax? guest: it goes back to history --
negotiations continue in washington on the so-called fiscal cliff. president obama plans to enter questions from business members. the group has been urging action to prevent huge automatic tax increases in january. those are some of the latest headlines on c-span radio. [video clip] >> we have not coordinated care. all these services have so many cracks that the cracks are as harmful as the diseases that we're treating. you have to step back and ask, are we hurting people overall? what...
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Dec 7, 2012
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. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racinin taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous economy and growth and we should go back to the clinton tax rates. what that really means is all tax rates on all americans go back up because the tax rates were brought down in 2001 and 2003. i don't support that. i don't think that's a great idea. it would slow down the economy. >> when you look at economist's evaluations, it would slouw dow the economy. it would. there's no question about it. but if the problem is that we hav
. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racinin taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are...
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cliff negotiations. but now we want to open up the phones. and if you have questions for mr. goldfarb about the so-called fiscal cliff negotiations and tax issues, the numbers are up on the screen. 202-5853. and of course you can also contact us via social media. we'll pull put up those addresses as well. and you can send an email to journal@c-span.org. now, we have this tweet for you, mr. goldfarb. guest: i think dozens of them are for businesses and i don't knowify want to describe them as -- know if i want to describe them as corporate welfare, but as was mentioned, the research and development tax credit, the tax credits to motorsports complexes, otherwise known as nascar tax break, there are tax breaks for retailers, for restaurants, for railroads. the list goes on. so a lot of them are for businesses. host: independence day tweets in -- guest: i'm not exactly sure who is responsible for that provision originally. but it's not very expensive. that's one of the reasons why something like that will ke
cliff negotiations. but now we want to open up the phones. and if you have questions for mr. goldfarb about the so-called fiscal cliff negotiations and tax issues, the numbers are up on the screen. 202-5853. and of course you can also contact us via social media. we'll pull put up those addresses as well. and you can send an email to journal@c-span.org. now, we have this tweet for you, mr. goldfarb. guest: i think dozens of them are for businesses and i don't knowify want to describe them as --...
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. >> with now break through today and the fiscal cliff negotiations, is this a starting point? "outfront" republican congressman james langford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. good to see you, sir. appreciate you taking the time. what about this idea of raising taxes on everyone? the math actually in this case is much more promising. it works much better. >> right. i heard your lead-in on it, and you said this is a new idea floated by howard dean. ints a new idea. several democrats have floated that a while. the code word is going back to the clinton tax rates and talk about the clinton economy and we should go back to the clinton tax rates. what that means is all tax rates on all americans go back up because the tax rates were brought down in 2001 and 2003. so it's not new, and no, i don't support that. i don't think that's a great idea at all. it will slow down the economy. >> all right. the truth is when you look at economists' evaluations, it will slow down the economy right now. rais
. >> with now break through today and the fiscal cliff negotiations, is this a starting point? "outfront" republican congressman james langford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. good to see you, sir. appreciate you taking the time. what about this idea of raising taxes on everyone? the math actually in this case is much more promising. it works much better. >> right. i heard your...
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we're awaiting for speaker boehner and update on talks and negotiations for the fiscal cliff. as soon as he steps to the microphone we'll bring you there. we'll be back with more "happening now". jon: speaker of the house john boehner beginning his weekly news update. >> the president still has not made an offer that meets those two standards but republicans have. while the president promised the american people a balanced approach hess proposals have been anything but. he wants far more in tax hikes than in spending cuts. instead of beginning to solve our debt problem he wants new stimulus spending and the ability to raise the debt limit whenever he wants without any cuts or reforms. that's clear the president is just not serious about cutting spending, but spending is the problem. how big of a problem? look at this chart put together by paul ryan and the budget committee. this line is the current baseline for revenue. here if the president got everything he wanted, over $1.4 trillion in taxes, this is what that would represent. but if you look at the spending problem, you se
we're awaiting for speaker boehner and update on talks and negotiations for the fiscal cliff. as soon as he steps to the microphone we'll bring you there. we'll be back with more "happening now". jon: speaker of the house john boehner beginning his weekly news update. >> the president still has not made an offer that meets those two standards but republicans have. while the president promised the american people a balanced approach hess proposals have been anything but. he wants...
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Dec 12, 2012
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cliff negotiations. and late today mr. obama said the administration will recognize a calition o syrian opposition groups. online, we look at a truly long- term reporting assignment. hari sreenivasan has more. >> sreenivasan: paul salopek is about to spend seven years tracing the ancient path of human migration around the globe. we talked about his route, the shoes he'll wear, and his emphasis on "slow journalism." and what's it like to have breast cancer in the poorest nation in the western hemisphere? that's next from our series with "pri's the world" on cancer in the developing world. all that and more is on our web site, newshour.pbs.org. ray? >> suarez: and that's the newshour for tonight. on wednesday, we'll look at the world in the year 2030. one intelligence report projects china will be on top economically, and the u.s. will be energy-independent. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. major funding fo
cliff negotiations. and late today mr. obama said the administration will recognize a calition o syrian opposition groups. online, we look at a truly long- term reporting assignment. hari sreenivasan has more. >> sreenivasan: paul salopek is about to spend seven years tracing the ancient path of human migration around the globe. we talked about his route, the shoes he'll wear, and his emphasis on "slow journalism." and what's it like to have breast cancer in the poorest nation...
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. >> the administration, are they prepared to go over the fiscal cliff. >> absolutely. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as of today, possession of small amounts of marijuana is legal in the state of washington. >>> now the 55th annual grammy awards revealed. the top contender, kanye west and jay-z. >> he's got it. kobe bryant. the greatest player in the history of the los angeles lakers. >> all that, ready for your mistake? >> yeah. i'd like to hear it. >> can eating while driving be distracting. >> no! >> and all that matters. >> former senator alan simpson is bringing his meg abossage ab the national debt to a new generation. >> gangnam style. >> on cbs "this morning." >> the star? a toddler and tiaras earning a spot on barbara walters list of the 20 most f
. >> the administration, are they prepared to go over the fiscal cliff. >> absolutely. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as...
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fiscal cliff. looks like everybody's taxes are going up no matter how this thing is comes out. consumer spending accounts for more than 2/3 of economic output. especially important at this time of year of course when a lot of sectors in all of these areas have been struggling, here is a bit of good news. martha: okay. take it. bill: not a lot. if you're driving on the road, thanks to shrinking demand manned lower fuel prices gas is sinking like a stone. a drop of 34 cents in the past month. in st. louis, drivers paying just over $3. even l.a. is paying 3.68. which is below four bucks where they have been for a very long time. even further drops expected in the coming days. martha: a devastating loss this morning. jennie rivera, the mexican american singer on the verge of crossing over to this country in u.s. popularity is presumed to have been killed when a private plane crashed in monterrey, mexico. authorities have not confirmed her debt. her relatives say they have few doubts she was on board th
fiscal cliff. looks like everybody's taxes are going up no matter how this thing is comes out. consumer spending accounts for more than 2/3 of economic output. especially important at this time of year of course when a lot of sectors in all of these areas have been struggling, here is a bit of good news. martha: okay. take it. bill: not a lot. if you're driving on the road, thanks to shrinking demand manned lower fuel prices gas is sinking like a stone. a drop of 34 cents in the past month. in...
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now and the fiscal cliff negotiation. the back and forth between both sides hasn't been complimentary. quite the opposite, in fact, which means the country needs to prepare for what comes next. that would be automatic spending cups and the expiration of bush era tax breaks. the pentagon has been preparing, and as our john callan reports, so have families who have a whole lot to lose if a deal doesn't get done. >> reporter: jeremy connor, married father of two. >> i've worked recently for a very large defense contractor, and my wife works for that same defense contractor. >> reporter: he left that job after 18 years for more stability since the couple both worked in the same department. >> the discussion of the fiscal cliff just made sense for one of us to get out. >> you know, we didn't know what it looked like down the road, if we were even going to have jobs at all. >> reporter: pentagon's budget for the next ten years has already been flashed $500 billion, and could face another half trillion in automatic cuts if congr
now and the fiscal cliff negotiation. the back and forth between both sides hasn't been complimentary. quite the opposite, in fact, which means the country needs to prepare for what comes next. that would be automatic spending cups and the expiration of bush era tax breaks. the pentagon has been preparing, and as our john callan reports, so have families who have a whole lot to lose if a deal doesn't get done. >> reporter: jeremy connor, married father of two. >> i've worked...
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that seems unlikely to be changed as part of the fiscal cliff negotiations. you'll still see that surtax on top of that. host: this from twitter. guest: i leave that as it is. host: is that how much it could go up? guest: yes. host: currently it is 35%. go ahead, mark. caller: the previous caller mentioned capital gains -- the recent point about the medicare surcharge to pay for the affordable care act. ifthoughit cld be a solution to kill botof those birds with one stone. gut: i'm noa health-care expert. host: no probl. we have this from twitter. guest: i believe that is the case. tom in california, go ahead. caller: i have several issues with the estate tax. i am a farmer if it comes back to the normal 1 million exemptions. we work together to build this estate it wasn't just my parents but it is in my parents' name. i have to pay tax to something i have contributed to. host: help people understand fas estate tax? how is it your estate is worth more than $1 million? caller: we have about 1,000 acres in sonoma county, california and it is worth about $8 mill
that seems unlikely to be changed as part of the fiscal cliff negotiations. you'll still see that surtax on top of that. host: this from twitter. guest: i leave that as it is. host: is that how much it could go up? guest: yes. host: currently it is 35%. go ahead, mark. caller: the previous caller mentioned capital gains -- the recent point about the medicare surcharge to pay for the affordable care act. ifthoughit cld be a solution to kill botof those birds with one stone. gut: i'm noa...
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cliff negotiations. she has come in for us on a saturday afternoon. we do appreciate your time. >> good to be here. >> thanks for being here. there's a possibility of some major changes to entitlement spending by the end of these fiscal cliff negotiations. it looks like democratic leaders are right now warming to the idea of raising medicare premiums for wealthier people. you in the past have been somewhat outspoken in terms of your opposition to the idea of altering entitlements in a dramatic way. are you changing your tune? >> no. however, i will say this. we have taken seriously the fact that we have an obligation to our seniors, that medicare has worked for millions, almost 450 million americans, seniors mostly but disabled. and we want to start the discussion about medicare with the promise we are going to keep medicare and find a way to contain the rate of growth in costs under medicare and all health care been helpful. >> sure. >> but we'll meet that obligation to our seniors. that's where i think
cliff negotiations. she has come in for us on a saturday afternoon. we do appreciate your time. >> good to be here. >> thanks for being here. there's a possibility of some major changes to entitlement spending by the end of these fiscal cliff negotiations. it looks like democratic leaders are right now warming to the idea of raising medicare premiums for wealthier people. you in the past have been somewhat outspoken in terms of your opposition to the idea of altering entitlements in...
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fiscal cliff negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
fiscal cliff negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
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worried about the lack of progress in budget negotiations. the fiscal cliff. common currency that is now creeping up with that she is pretty but it is against the u.s. dollar bills meanwhile the russian currency finished up with a. car is a common currency and the rest of the us in august and hear more. from the international markets all about the oil price is it going sounds of any help pump up investors. but as far as russians saw physical health inskeep the european resale market business interests have been spotting out two point four billion euros in the past year helping to keep the luxury stores afloat during these challenging times now the total russian expenditure is comparable to the domestic markets about trade gets losses for the spending has now supposed to pounds but not quite up to china's level just yet the chinese. to jump on the play and hit the european shelves. why not indeed made us a business visit. trimmings in this tree even for specialists a voice can produce several sounds it warms but we didn't use the art of throat singing comes nat
worried about the lack of progress in budget negotiations. the fiscal cliff. common currency that is now creeping up with that she is pretty but it is against the u.s. dollar bills meanwhile the russian currency finished up with a. car is a common currency and the rest of the us in august and hear more. from the international markets all about the oil price is it going sounds of any help pump up investors. but as far as russians saw physical health inskeep the european resale market business...
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the fiscal cliff is reaching a six week high the euro is now dropping as the general sentiment turns sour they've the russian cards you know finished up. against both of us a lot of the common currency domestic markets here moscow that took their cue from the international market some of that oil prices are also got exulted really helped pump up best mates and because of that. but as far as russian shop is a concerns they are helping to keep the european. business. happen splashing out two point four billion euros in the past year helping to keep luxury stores afloat during these challenging times total expenditure is comparable to haul of the domestic market for luxury goods russia's foreign spending has now supposed to pounds but twice up to china's level yet which chinese shoppers the most. the plane that hit the european shops. ok that's all for mail be back in just under two hours time we've got news still often right here not a stay with us. the legacy no one should be proud. of scrap metal littering pristine arctic landscape building stilton over their foundation pipes spewing
the fiscal cliff is reaching a six week high the euro is now dropping as the general sentiment turns sour they've the russian cards you know finished up. against both of us a lot of the common currency domestic markets here moscow that took their cue from the international market some of that oil prices are also got exulted really helped pump up best mates and because of that. but as far as russian shop is a concerns they are helping to keep the european. business. happen splashing out two...
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here what happens he had to say on the "today" show about who knows what about the fiscal cliff and the budget negotiations. >> these guys if you gave half of them -- gave 90% of them a profit and loss statement in one hand and a balance sheet in the other they wouldn't know how to read it. >> so, alan simpson not making himself the most popular among former colleagues. what is your sense? how well do the members who are going to be voting on the stuff understand, both what's in this deal or could be in the deal and what the consequences are? >> typically how this works out those with the most expertise are closest to the process of the deal making, what might be on the table, off the table. and that seems to benefit all sides. people with the most knowledge of this. when it does come to the vote, which is the ultimate answer here, there can be a lot of that within the party arm twisting. it's fair to say that not every member of the senate, and certainly not every member of the house, has expertise on issues of this sort of magnitude. but there are all kind of held accountable for it,
here what happens he had to say on the "today" show about who knows what about the fiscal cliff and the budget negotiations. >> these guys if you gave half of them -- gave 90% of them a profit and loss statement in one hand and a balance sheet in the other they wouldn't know how to read it. >> so, alan simpson not making himself the most popular among former colleagues. what is your sense? how well do the members who are going to be voting on the stuff understand, both...
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make him responsible for driving us off the fiscal cliff? go to our to be page at facebook facebook.com/loudobbs. we'll have results at the end. chris and steven joining us here next to address th question and more. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. yeah, i'm kind of a big deal. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. 731, 732... you want my number, don't you? call 1-800-progressive right now. or visit progressive.com for an extra $50 online savings. thirsty? 'cause i got a six-pack right here. oh, yeah... [voice shaking] you don't even have to wait for your policy to expire to switch. oh, svetlana, that's so good! and, with every policy, you get great service. a-down the hizz-atch. [slurp!] so call me today. you'll be glad you did. cannonbox! [splash!] lou: house minority leader, pelosi going along with timothy geithner in sa
make him responsible for driving us off the fiscal cliff? go to our to be page at facebook facebook.com/loudobbs. we'll have results at the end. chris and steven joining us here next to address th question and more. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. yeah, i'm kind of a big deal. [sigh] it feels good to help people save... with great discounts like...
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make him responsible for driving us off the fiscal cliff? go to our to be page at facebook facebook.com/loudobbs. we'll have results at the end. chris and steven joining us here next to address that question and more. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ malennouncer ] lease a 2013 e350 f $579 a month at your local mercedes-benz dealer. lou: house minority leader, pelosi going along with timothy geithner in saying it's just a fact we're going over the cliff if republicans do not agree to meet the president's ultimatum and raise taxes on the top 2%. >> the way i heard it, and the way i think it was not as a threat we'll go over if they don't, it's a prediction. if there's no agreement, then the cliff has to be dealt with. i don't see it if they don't do this, we do that. i saw it as a statement of fact. it's not a threat. it's a prediction. if there's no agreement, we go over the cliff. l
make him responsible for driving us off the fiscal cliff? go to our to be page at facebook facebook.com/loudobbs. we'll have results at the end. chris and steven joining us here next to address that question and more. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ malennouncer ] lease a 2013 e350 f $579 a month at your local mercedes-benz dealer....
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the man with the capitol connection is actually being left out of fiscal cliff negotiations. we're going to ask mike allen next why next in the "politico playbook." for those with visions of doing this... ...this... ...and this, dancing in their heads... ...we have these. home depot gift cards. give the gift of doing, in-store or online. >>> all right. a live look at capitol hill in washington, d.c. dark still at 36 past the hour this morning. with us now, chief white house correspondent for "politico," mike allen here with the "morning playbook." we begin with where in the world is joe biden? mike. >> well, good morning, mika. in the last fiscal disaster negotiations, vice president biden was front and center, having those meetings at blair house up on the hill, working his connections. this year he's taking a much lower-key role partly because the senate is a little bit of a bystander this time. this is very much an obama/speaker boehner/house negotiation but also because the president has a lot more political capital this time. last time the democrats were coming off the 2
the man with the capitol connection is actually being left out of fiscal cliff negotiations. we're going to ask mike allen next why next in the "politico playbook." for those with visions of doing this... ...this... ...and this, dancing in their heads... ...we have these. home depot gift cards. give the gift of doing, in-store or online. >>> all right. a live look at capitol hill in washington, d.c. dark still at 36 past the hour this morning. with us now, chief white house...
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Dec 6, 2012
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. >> is your administration prepared to go over the fiscal cliff? >> absolutely. >> negotiations are still up in the air. most lawmakers have gone home for the long weekend. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >>> duchess of cambridge has left hospital. she was being treated for severe morning sickness. how are you feeling this morning, kate? >> as of today, possession of small amounts of marijuana become legal in the state of washington. >> it feels so good. >>> nominees for the grammy awards, top contenders include kanye west and jay-z. >>> kobe bryant, the greatest player in the history of the los angeles lakers. >> all that -- >> are you ready for your mistake, costas? >> can eating while driving be distracting? >> no! >> and all that matters. >> former senator simpson is bringing his message to a new generation. >> gangnam style. >> on "cbs this morning." >> boo boo a star earning a spot on barbara walters 2012 list of most fascinating people. >> then barb
. >> is your administration prepared to go over the fiscal cliff? >> absolutely. >> negotiations are still up in the air. most lawmakers have gone home for the long weekend. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >>> duchess of cambridge has left hospital. she was being treated for severe morning sickness. how are you feeling this morning, kate? >> as of today,...
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Dec 6, 2012
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cliff negotiations. the president has made his offer. he wants to increase taxes, add more stimulus spending, ignore the entitlement spending that is the true driver of our debt, and hold campaign-style rallies around the country to try to convince people it's not his fault if we go over the fiscal cliff. president obama clearly enjoys campaigning. but, mr. president, the election is over. it's time for him to stop campaigning and to start leading. this means giving up his stubborn insistence on raising tax rates and instead focusing on raising revenue through tax reform and economic growth. it means doing something on these fundamental issues of tax policy that both sides agree on. that way, mr. president, american families won't get hit with these massive tax increases. thank you, mr. president. i yield the floor. a senator: mr. president? the presiding officer: the senator from missouri. mr. blunt: mr. president, the last few days the senate's worked like the senate should work. we've had amendments.
cliff negotiations. the president has made his offer. he wants to increase taxes, add more stimulus spending, ignore the entitlement spending that is the true driver of our debt, and hold campaign-style rallies around the country to try to convince people it's not his fault if we go over the fiscal cliff. president obama clearly enjoys campaigning. but, mr. president, the election is over. it's time for him to stop campaigning and to start leading. this means giving up his stubborn insistence...
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obama's plea for recovery funds comes as he negotiates with the republicans void the so-called fiscal cliff it's a set of spending cuts and tax hikes that are set to take effect on the first of general and could be ruinous to the economy but does the average american fear the looming doom artie's new york resident try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media talking about it incessantly we're also going to i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know you think most people are worried i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes or no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom and the media loves that yeah i do think there's actu
obama's plea for recovery funds comes as he negotiates with the republicans void the so-called fiscal cliff it's a set of spending cuts and tax hikes that are set to take effect on the first of general and could be ruinous to the economy but does the average american fear the looming doom artie's new york resident try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a...
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Dec 13, 2012
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during the fiscal cliff negotiations, some have possible ited that all -- posited that all that is at stake is a return to the tax rates of the clinton era. but that is not what is happening with tax rate on capital gains. during the latter part of the clinton era, a republican majority in congress was able to get agreement on cutting the top tax rate on capital gains to 20% at that time. if the tax rate on capital gains remains at the 2012 rate of 15%, coupled with the new 3.8% tax on net investment income, capital gains will be taxed at 18.8% very close to the clinton era rate. a 5% increase on the tax on capital gains coupled with the increases imposed by obamacare will result in a rate of 23.8%, well above the tax rate on capital gains at the end of the 1990's. and we should not go down this road. this is said specifically by the senator who along with senator lieberman pushed very hard for these lower capital gains rates. it was a hatch-lieberman bill that really was instrumental in bringing these rates down to the current level. there are a number of arguments on behalf of prefe
during the fiscal cliff negotiations, some have possible ited that all -- posited that all that is at stake is a return to the tax rates of the clinton era. but that is not what is happening with tax rate on capital gains. during the latter part of the clinton era, a republican majority in congress was able to get agreement on cutting the top tax rate on capital gains to 20% at that time. if the tax rate on capital gains remains at the 2012 rate of 15%, coupled with the new 3.8% tax on net...
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Dec 9, 2012
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on today's network tv talk shows, the topics include the so-called fiscal cliff and the negotiations between the white house and congress and the situation in the middle east. you could hear all the shows on cspan radio beginning at noon eastern. first is meet the press with senator dick durbin and kevin mccarthy. at 1:00 p.m., pierre abc's of this week with republican senator tom coburn and democratic senator debbie stabenow. the chair like to the house financial services committee, jeb hensarling and congressional progress of caucus co-chair. at 2:00 p.m. is fox news sunday with chris wallace and chuck schumer. and republican senator bob corker. also on the program is the israeli a bastard to the united states. cnn's state of the union follows and welcomes the managing director of the international monetary fund, christine lagarde. at 4:00 p.m., here "face the nation"where they talked with alan simpson and erskine bowles. also on the program, an interview with cory booker. the sunday network tv shows are repairing here on c-span at noon -- here on cspan radio. listen to them all on
on today's network tv talk shows, the topics include the so-called fiscal cliff and the negotiations between the white house and congress and the situation in the middle east. you could hear all the shows on cspan radio beginning at noon eastern. first is meet the press with senator dick durbin and kevin mccarthy. at 1:00 p.m., pierre abc's of this week with republican senator tom coburn and democratic senator debbie stabenow. the chair like to the house financial services committee, jeb...
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Dec 5, 2012
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cliff negotiations which are ongoing. republican senators have spoken to people in the white house today. this is no serious way to negotiate out here on the senate floor. at the end, the republican leader is complaining because president obama wants the rich to pay their fair share. and as usual, republicans are defending the rich, holding tax cuts for middle class hostage. at the first of the year, unless we work something out, the taxes will go up for people making less than $250,000 a year, an average of $2,200 each -- not per family -- each person. the senate has already passed the centerpiece of president obama's offer. and his offer has always been the same. we are not going to go through the same thing we've gone through here for years where we lay out different ways to cut spending, and there's never any revenue. the president has made it very, very clear. we have already passed the president's proposal. that is to make sure that people making less than $250,000 a year are not burdened with $2,200 each after the
cliff negotiations which are ongoing. republican senators have spoken to people in the white house today. this is no serious way to negotiate out here on the senate floor. at the end, the republican leader is complaining because president obama wants the rich to pay their fair share. and as usual, republicans are defending the rich, holding tax cuts for middle class hostage. at the first of the year, unless we work something out, the taxes will go up for people making less than $250,000 a year,...
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the fiscal cliff is the maximum of what ghkts want. you've got howard dean saying we need to raise taxes on everybody, not just the rich. steny hoyer says the same thing. i think republicans have a better handle on the other side, but it's the democrats in transition on the mechanism. >> more on this story coming up. erick, donna, david, guys thank you. authorities trying to catch up with technology. in this case it's all about text messages and finding a way to use them against criminals. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 tha
the fiscal cliff is the maximum of what ghkts want. you've got howard dean saying we need to raise taxes on everybody, not just the rich. steny hoyer says the same thing. i think republicans have a better handle on the other side, but it's the democrats in transition on the mechanism. >> more on this story coming up. erick, donna, david, guys thank you. authorities trying to catch up with technology. in this case it's all about text messages and finding a way to use them against...
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cliff talks, so how will the negotiations now affect the party's efforts to rebrand itself after losing the presidential election? roger simon is politico's chief political columnist and joins me now. great to see you again. thanks for being here. >> thank you. >> they're going in against real headwinds. the president having 38% support in his positions. john boehner, only 19%. more than three-quarters of those polled agree with the president's bargaining position about upper income -- >> the republican party has a lot of problems. i mean, three big ones. your poll asks people to pick words to describe the republican party. they picked bad, broken, weak and lost. those aren't the greatest words. >> that's not a bumper sticker you want. >> the second is the hand that they're playing. if they get what they want, they get no tax increases for millionaires and billion aurs and cuts to medicare, medicaid, and social security. is it a great land to play for 2014? thirdly, they just don't have a leader. i mean, who is the leader of the republican party? i guess john boehner comes the closest,
cliff talks, so how will the negotiations now affect the party's efforts to rebrand itself after losing the presidential election? roger simon is politico's chief political columnist and joins me now. great to see you again. thanks for being here. >> thank you. >> they're going in against real headwinds. the president having 38% support in his positions. john boehner, only 19%. more than three-quarters of those polled agree with the president's bargaining position about upper income...
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. >>> all right, less than three weeks to go until that so-called fiscal cliff, and still no deal. but this morning, there are signs of some movement in negotiations. president obama and house speaker john boehner did speak by phone last night. that conversation came after the president offered to reduce his initial request for $1.6 trillion in new revenue to $1.4 trillion but is reportedly not backing down on raising taxes for the top 2%. boehner's spokesman said republicans are still seeking further concessions on spending cuts. >>> well, there are some new details this morning on that london nurse who took her own life after passing through a prank call at the hospital that was treating kate middleton for extreme morning sickness. jacintha saldanha's family reveals that she left a suicide note, though they haven't released details of what that note said. earlier this week, the two deejays who made the call said the tragedy has left them shattered, gutted and heartbroken. >>> now, here's your first look at this morning's "dish of scrambled politics." mitt romney wasn't the only o
. >>> all right, less than three weeks to go until that so-called fiscal cliff, and still no deal. but this morning, there are signs of some movement in negotiations. president obama and house speaker john boehner did speak by phone last night. that conversation came after the president offered to reduce his initial request for $1.6 trillion in new revenue to $1.4 trillion but is reportedly not backing down on raising taxes for the top 2%. boehner's spokesman said republicans are still...
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Dec 7, 2012
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. >>> we are counting down and we are now 24 days away from falling off that fiscal cliff. neither the republicans nor the democrats are backing down from their demands. neither side seems willing to take the first step toward real negotiations. >> even on tv they're saying publicly. the president says they are prepared to go over the cliff if the republicans don't agree to end the tax cuts for the healthiest americans. the republicans believe their counteroffer of closing loopholes and limiting deductions is the way to go. one family from falls church is one of many that will be hit very hard for the cuts are not extended. >> a couple thousands dollars means a couple months rent for this family. for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> at a senate hearing yesterday, there was a economist that backed the republicans' plan. he cannot imagine anyone looking at the president's proposal and arguing it wouldn't send the country into reces
. >>> we are counting down and we are now 24 days away from falling off that fiscal cliff. neither the republicans nor the democrats are backing down from their demands. neither side seems willing to take the first step toward real negotiations. >> even on tv they're saying publicly. the president says they are prepared to go over the cliff if the republicans don't agree to end the tax cuts for the healthiest americans. the republicans believe their counteroffer of closing...
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Dec 5, 2012
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. >>> on capitol hill today republicans and democrats squared off over the looming fiscal cliff. house minority leader nancy pelosi slammed the gop's proposals. >> that's not negotiating. that's hostage taking. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the deattoll is expected t
. >>> on capitol hill today republicans and democrats squared off over the looming fiscal cliff. house minority leader nancy pelosi slammed the gop's proposals. >> that's not negotiating. that's hostage taking. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should...
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. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. gwen: behind the scenes -- tea party pressure, as the movements most prominent senator builds a new platform. >> a lot of my role in the senate has been stopping bad things and saying no to bad things, but we need to do more than that gwen: abroad, tensions in syria on the rise. can the u.s. intervene? should we? covering the week -- jackie calmes of "new york times," eamon javers of cnbc, amy walter of abc news, and james kitfield of "national journal." >> award-winning reporting and analysis covering history as it happens. live from our nations capitol, this is washington week with gwen ifill, produced in association with national journal. corporate funding for washington week is provided by -- ♪ >> wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> we know why we're here. to charlotte a greater path, in the air and in our factories. >> to find cleaner, more efficient ways to power flight. >> and harness our technology for new
. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. gwen: behind the scenes -- tea party pressure, as the movements most prominent senator builds a new platform. >> a lot of my role in the senate has been stopping bad things and saying no to bad things, but we need to do more than that gwen: abroad, tensions in syria on the rise. can the u.s. intervene? should we? covering the week -- jackie calmes of "new york times," eamon javers of...
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i know and i sincerely believe we're not going off this fiscal cliff. >> representative, the question might be, how do we get to that deal? as we mentioned earlier, the "new york times" reporting that negotiations are now down to just the speaker. >> yes. >> and the president. this is at speaker boehner's request. i want to get your reaction. here's david axelrod talking about the politics behind all of this. >> okay. >> both the president and the speaker are very fluent in the basic numbers. they have been living with them for some time now. so as i said, i don't think that there's a lot of mystery about this. the politics has to be traverse. they've got to get through the rocky shoals of grover norquist. >> congresswoman, some democrats are saying that this is not the situation, it's not going to be mano, as we've been saying. what do you know about that in terms of how they are negotiating and is it the best for them to be one on one? >> well, i think it does not hurt for them to be one on one. i have to be concerned about what the leaders are saying about being excluded. but if we
i know and i sincerely believe we're not going off this fiscal cliff. >> representative, the question might be, how do we get to that deal? as we mentioned earlier, the "new york times" reporting that negotiations are now down to just the speaker. >> yes. >> and the president. this is at speaker boehner's request. i want to get your reaction. here's david axelrod talking about the politics behind all of this. >> okay. >> both the president and the speaker...